PHILADELPHIA, PA (December 11, 2013) —Aramark Holdings Corporation (“Aramark”) today announced the pricing of its initial public offering of 36,250,000 shares of its common stock at a public offering price of $20.00 per share. The shares are expected to begin trading on December 12, 2013 on the New York Stock Exchange (“NYSE”) under the symbol “ARMK.”
A total of 28,000,000 shares are being offered by Aramark and 8,250,000 shares are being offered by existing stockholders. Certain of the selling stockholders have granted the underwriters an option to purchase up to 5,437,500 additional shares of common stock to cover over-allotments, if any. The offering is expected to close on December 17, 2013, subject to customary closing conditions.
Goldman, Sachs & Co., J.P. Morgan Securities LLC, Credit Suisse Securities (USA) LLC, and Morgan Stanley & Co. LLC are acting as joint book-running managers and the representatives of the underwriters, Barclays Capital Inc., Merrill Lynch, Pierce, Fenner & Smith Incorporated, RBC Capital Markets LLC, and Wells Fargo Securities, LLC are acting as bookrunners, and Robert W. Baird & Co. Incorporated, PNC Capital Markets LLC, Rabo Securities USA, Inc., Samuel A. Ramirez & Company, Inc., Santander Investment Securities Inc., SMBC Nikko Securities America, Inc., and The Williams Capital Group, L.P. are acting as co-managers of the offering.
The offering of these securities will be made only by means of a prospectus, copies of which may be obtained from Goldman, Sachs & Co., via telephone: (866) 471-2526; facsimile: (212) 902-9316; email: email@example.com; or standard mail at Goldman, Sachs & Co., Attn.: Prospectus Department, 200 West Street, New York, NY, 10282; J.P. Morgan Securities LLC, via telephone: (866) 803-9204, or standard mail at J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY, 11717, Attn.: Prospectus Dept.; Credit Suisse Securities (USA) LLC, via telephone: (800) 221-1037; email: firstname.lastname@example.org; or standard mail at Credit Suisse Securities (USA) LLC, Attn.: Prospectus Dept., One Madison Avenue, New York, NY 10010; or Morgan Stanley & Co. LLC, via mail at Morgan Stanley & Co. LLC, Attn.: Prospectus Dept., 180 Varick Street, 2nd Floor, New York, NY 10014.
The registration statement relating to these securities has been declared effective by the U.S. Securities and Exchange Commission (the “SEC”). This news release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.
Aramark delivers experiences that enrich and nourish people’s lives through innovative services in food, facilities management, and uniforms. United by a passion to serve, our more than 270,000 employees make a meaningful difference each day for millions of people in 22 countries around the world. Aramark is recognized among the Most Admired Companies by FORTUNE and World’s Most Ethical Companies by the Ethisphere Institute.
Certain statements made in this press release may constitute “forward-looking statements” within the meaning of the federal securities laws. Forward-looking statements are based on management’s expectations, estimates, projections, and assumptions. These statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict. Therefore, actual future results and trends may differ materially from what is forecast in forward-looking statements due to a variety of factors. Additional information regarding these factors is contained in the Company’s registration statement on Form S-1 filed with the SEC.
High-quality, on-site dining programs give your workplace a competitive edge. Fresh, modern dining concepts provide an additional way to attract, recruit and retain top-tier talent, which is crucial in combating one of the most difficult challenges employers face: employee turnover. Discover how prioritizing the wants and needs of employees can help make your business stand out from the competition.